One Country, Many Reasons

From a Western perspective, many things about China are hard to understand.  For example, a communist government with a market economy, or the "one country, two systems" arrangement between Hong Kong and the mainland. The Chinese stock market is even more confounding.   Quotes flash red on upticks and green on downticks.  There are more share … Continue reading One Country, Many Reasons

Actually, Technically, the Longest

Longest ever? The US stock market closed August to the accolades of  "the longest bull market in history."  By some measures, the S&P 500 achieved its longest rally ever.  Then again, by other measures, it did not. S&P 500, 1927 to 2018  Monthly close, inflation adjusted. Souce: MacroTrends.net There's a lack of consensus on how this … Continue reading Actually, Technically, the Longest

Egypt Waits for Spring

Cradle of civilization  Egypt has been called the "cradle of civilization." Egyptians are tied to some of the earliest forms of language, agriculture, and technology that's known to man.  While the country has experienced its share of modern social and political issues, Egypt today is ripe with potential.  Consider the following characteristics. The most populated … Continue reading Egypt Waits for Spring

From Nigeria with Love

In April I wrote about the Nigerian stock market. Since May the Nigerian market is up 30%.  Over the same period, the global stock market has basically been flat (shown below).   Nigerian Stock Market and Global Stock Market represented by NGE and VT, respectively Timing-wise this was lucky-- I didn't predict a two-week turnaround. … Continue reading From Nigeria with Love